Skyworks Q1 EPS, Revenue Soar; Q2 Guidance Strong

By | January 22, 2015

Scalper1 News

Skyworks Solutions late Thursday posted a ninth straight quarter of earnings growth and double-digit revenue growth amid strong demand for its chips that enable Apple iPhones and help connect devices in the Internet of Things. The Woburn, Mass.-based chipmaker reported $805 million in sales for its fiscal Q1 ended Jan. 2, up 59% from the year-earlier quarter. Earnings per share excluding items rose 88% to $1.26. Analysts polled Scalper1 News

Scalper1 News